Most active insurers investing in IoT

Ecosystem building 

Hi there,

Last month, Helium raised $20M led by Google investment arm GV.  But it was the participation of another corporate venture arm – Munich Re/HSB’s – that signaled the bigger opportunity for the startup’s card deck-sized sensors.

Insurers have been actively partnering and building an ecosystem with companies in the IoT space including Canary and Ring, but there are also now multiple insurers with 3+ investments in IoT across auto, home, and the workplace, as our latest post highlights.

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In prior issues, this newsletter has featured guest posts from both investors and entrepreneurs in the insurance tech industry – and we’re looking for more.

If interested in reaching a growing audience of insurance executives, venture investors and startup founders, take a look at our guidelines and reply directly to this email. Check out recently published guest posts below:

• 8 Key Takeaways on Starting Up in Insurance Tech
• Insurance 2.0 and the Evolution of Distribution
• Going Micro is the Next Big Thing for Insurance Tech

Making moves (literally)

New digs are in store for two insurance tech startups in Boston and NY. See the blurb at the bottom to see which ones.

Hope you have a great rest of the week.

Matt
@mlcwong